Suning Rumored to Have Started Process for Inter Sale

The Zhang family might have changed their mind about the sale of Inter and reportedly tasked Goldman Sachs with finding a buyer. The chatter emerged before the weekend and hasn’t been promptly dismissed by Inter sources, unlike other instances.

As per Eurosport, the Suning conglomerate has a €1.2B valuation of the Nerazzurri. It includes the debts, which amount to €400M. They might not profit from it, considering that they invested €660M to acquire and bankroll the club over the years.

The process is in its very early stages, Libero reports. It’s not the first time the sale of Inter has been bandied about, but the Chinese tycoons haven’t concretely entertained such possibility in the past. La Beneamata was in the crosshairs of the Saudi Public Investment Fund before they took over Newcastle. According to TuttoSport, Indian-American entrepreneur Vivek Ranadivé, the governor of the NBA franchise Sacramento Kings, is in the running.

The Nerazzurri CEO Giuseppe Marotta addressed the buzz to DAZN before the Torino game (via SportMediaset).

“It has been percolating for two years. The Zhang family loves this team, respects the fans and knows what to do to guarantee its present and future. There’s no doubt about their commitment. This matter is above my paygrade, and I can’t go into detail on the ownership strategies.”

Our Take on the Inter Sale

This time the chatter has lingered more than usual. If it lasts, there might be something to it. Surely, it’s not great for a team that’s supposed to be a powerhouse to operate on a strict budget as they have done in recent windows. Somebody else coming in at the top would only be beneficial.

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